Hi Saash.. Sure.. but more to the point is the huge jump up on the consumer confidence numbers.. that kind of jump is likley to be equalized before we move on...the only thing that bothers me is that with our own bad news, convention says, we drop...but markets tend to move against convention...my point.. don't jump the gun..if its going to unfold it will let you know.
I haven't committed anything, just wondering about the move. Direction won't commit. We got bad news, and internationally there's good news. I see our currency is holding. This can go either way, really. If we loose currency strength, with international markets so happy, it "could" send us into another rally. The way I see it, anything can happen.
And this odd three tops we got? Testing that level a few too many times for my liking. Its like we want to get through it, but can't find enough to commit to it. I think its going to go down, and visit that gap we left open a few weeks back.